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If a vacancy shall happen in the representation of this state in the United States senate, it shall be filled at the general election next succeeding the happening thereof, unless such vacancy shall happen within thirty days next preceding such election

If I read this correctly, if Torch resigns within the next 5 days, then November 6 is "the next succeeding" election.

It's only if he pulls out today and waits a week to resign that there's a problem. I can't imagine the Dems actually trying to pull that one off -- it's too obviously an attempt to toss out the election. The potential for "Florida" fallout is too great, even if it is happening in NJ.

Still, I'm betting that the Dems really are looking at the option. In that scenario, Torch's press conference is delayed because the D's have got their lawyers studying the law and writing briefs to see if they can pull it off.

Under New Jersey law, a political party can replace a statewide nominee on the ballot if the person drops out at least 48 days before the election. But only 36 days remain until the Nov. 5 election, meaning Democrats would have to seek approval from the state attorney general. That would likely result in a court challenge from Republicans.
Under state law, if a candidate resigns his office or dies with more than 30 days to the election, the governor can appoint a new candidate. If it happens with less than 30 days before the election, the race can be canceled and the governor can set a new date for a special election.

Posted article here

Still, I'm betting that the Dems really are looking at the option.

They are. Nothing matters to the Democratic Party but retaining control of the Senate, by any means necessary. NOTHING.